Daily Archives: November 8, 2019

Crude Oil: Oil trading lower, ahead of Baker Hughes weekly rig count data

Posted on November 8, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.15% against the USD and closed at USD57.04 per barrel, after the US and China agreed to suspend existing tariffs if they reached a partial trade deal. … Continue reading →

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Silver: White metal extends its losses in the morning session

Posted on November 8, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.93% against the USD and closed at USD17.08 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.99, with silver … Continue reading →

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Gold: Yellow metal trading a tad higher in the Asian session

Posted on November 8, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.50% against the USD and closed at USD1469.40 per ounce, amid progress towards US-China trade deal. In the Asian session, at GMT0400, the pair is trading at 1469.80, with … Continue reading →

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AUD/USD: RBA warns over further rate cuts

Posted on November 8, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.16% against the USD and closed at 0.6892. LME Copper prices rose 0.5% or $27.5/MT to $5941.0/MT. Aluminium prices remained unchanged at $1817.5/MT. In the Asian session, at … Continue reading →

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USD/CAD: Loonie trading lower in the morning session

Posted on November 8, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CAD and closed at 1.3174. In the Asian session, at GMT0400, the pair is trading at 1.3184, with the USD trading 0.08% higher against the … Continue reading →

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USD/CHF: Swiss Franc trading on a positive footing in the Asian session

Posted on November 8, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CHF and closed at 0.9950. In the Asian session, at GMT0400, the pair is trading at 0.9944, with the USD trading 0.06% lower against the … Continue reading →

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USD/JPY: Japanese Yen reverses its losses in the Asian session

Posted on November 8, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the JPY and closed at 109.29. In the Asian session, at GMT0400, the pair is trading at 109.21, with the USD trading 0.07% lower against the … Continue reading →

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GBP/USD: BoE leaves interest rate unchanged at 0.75%

Posted on November 8, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.33% against the USD and closed at 1.2814, after two Bank of England policymakers voted in favour of interest rate cuts. The BoE, in its latest monetary policy … Continue reading →

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EUR/USD: EU Commission slashed the region’s economic growth forecast

Posted on November 8, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.17% against the USD and closed at 1.1050, after the European Union (EU) Commission downgraded Euro-zone’s growth forecast for 2019 and 2020. The European Central Bank (ECB), in … Continue reading →

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